Versor Investments LP Has $307,000 Position in The Mosaic Company $MOS

Versor Investments LP lessened its stake in The Mosaic Company (NYSE:MOS) by 71.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,865 shares of the basic materials company’s stock after selling 22,235 shares during the period. Versor Investments LP’s holdings in Mosaic were worth $307,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its stake in shares of Mosaic by 172.5% in the second quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 433 shares during the period. Geneos Wealth Management Inc. increased its position in Mosaic by 169.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 601 shares during the period. Rothschild Investment LLC raised its holdings in Mosaic by 650.0% during the 2nd quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 650 shares during the last quarter. Rexford Capital Inc. acquired a new position in shares of Mosaic in the 2nd quarter worth approximately $28,000. Finally, True Wealth Design LLC lifted its position in shares of Mosaic by 1,819.0% in the 3rd quarter. True Wealth Design LLC now owns 806 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 764 shares during the period. 77.54% of the stock is currently owned by institutional investors.

Mosaic Price Performance

Shares of NYSE MOS opened at $29.64 on Friday. The firm has a market capitalization of $9.41 billion, a P/E ratio of 7.68, a P/E/G ratio of 1.34 and a beta of 0.97. The firm’s 50-day moving average price is $26.33 and its 200-day moving average price is $29.13. The company has a current ratio of 1.14, a quick ratio of 0.40 and a debt-to-equity ratio of 0.26. The Mosaic Company has a 1-year low of $22.36 and a 1-year high of $38.23.

Mosaic Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Monday, March 9th will be issued a $0.22 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.88 annualized dividend and a yield of 3.0%. Mosaic’s dividend payout ratio is presently 22.80%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. UBS Group decreased their price objective on shares of Mosaic from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, January 12th. BNP Paribas Exane cut their price target on shares of Mosaic from $43.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. The Goldman Sachs Group lifted their price objective on Mosaic from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Wells Fargo & Company dropped their price objective on Mosaic from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Friday, January 23rd. Finally, Scotiabank upgraded Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $36.00 target price on the stock in a research report on Monday, February 2nd. Seven research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mosaic presently has an average rating of “Hold” and a consensus target price of $31.50.

Mosaic Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.